Wall Street Steady After S&P 500 Hits New ‘ATH’ Level

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On Friday, US stock futures were barely moving after the S&P 500 surged to a new record high the previous day.


Thursday’s market saw the Dow Jones rise 0.92%, the S&P 500 rise 0.53%, and the Nasdaq Composite rise 0.22%.


All sectors in the S&P 500 ended in positive territory, with healthcare, industrials and real estate among the most prominent.


Market sentiment improved after Trump delivered a speech at the World Economic Forum, in which he called for an immediate interest rate cut and called on Saudi Arabia to lower oil prices.


General Electric saw its shares rise 6.6%, while Union Pacific shares rose 5.2% following better-than-expected fourth-quarter results.


In contrast, American Airlines shares fell 8.7% on weak revenue guidance.

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